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#BATAINDIA short term spiked price increase momentum phasing out
BATA INDIA LTD
Short
#BATAINDIA short term spiked price increase momentum phasing out
By UnknownUnicorn299787
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Apr 4, 2017
2
Apr 4, 2017
One can expect the price to see a correction of atleast 5% in the coming days after a sudden spike in price by almost 37% in a little over 3 months.
RSI on daily chart indicates that it is in overbought territory and the overall trend is downwards as well after the price peaked in early 2015.
BATAINDIA
correction
short
UnknownUnicorn299787
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